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PAULA T. DOW ATTORNEY GENERAL OF NEV/ JERSEY Division of Law I24Hsey Street 5 'h Floor P.O. Box 45029**, LI DEC 2Newark, New Jersey 07101 Attorney for Plaintiffs:B20fi Glenn T. Graham Deputy Attorney
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What is fi t ed?
FIT is short for Federal income tax, which is a tax imposed by the United States Internal Revenue Service (IRS) on the annual earnings of individuals and corporations.
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Individuals and corporations with taxable income are required to file Federal income tax returns.
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FIT can be filled out manually using paper forms or electronically through tax software or an online platform provided by the IRS.
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The purpose of Federal income tax is to fund government spending on public services and programs.
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Federal income tax returns typically require reporting of income, deductions, credits, and other financial information.
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